SHIBPERP trade ideas
SHiba Inu Support and Resistance"support" and "resistance" levels - points at which an exchange rate trend may be interrupted and reversed - are widely used for short-term exchange rate forecasting. Nevertheless, the levels' ability to predict intraday trend interruptions has never been rigorously evaluated.
Shib stuffWatch me add Daily trends and some 4hr levels to SHIB. I think price will start to attack the upper resistance levels now. There are probably 1hr, 15min, 5min levels in there but whatev's I'm not breaking down this entire chart to those levels... Its just a fun, trending coin to trade sometimes and dogs are cool. Oh and Epstein didn't kill himself. Ghislain Maxwells little black book of contacts will remain private and its 2:30am MST right now.
Shiba watchHere we are shiba analysis. We see shiba hitting the resistant line. Broke up to .000004. Doing the regular pull back. If shiba holds and make higher high we may see a bull run in the next few weeks. Alot of holders around the world holding shiba. Shiba broken The Golden line. Watch this coin. Like and follow for free analysis.
Shiba/USD Current Trend!Let's wait for this trendline to break before we can expect a bullish push! Clearly, the bulls are having a hard time breaking through but once they do, I can see a quick 5% or higher gain. Keep in mind BTC is still king and if it feels like having a bearish move after Shib breaks this trendline, Shib will go down also.
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This is not financial advice. This is for educational purposes only.
SHIBUSD 50sma ResistanceShiba Inu has failed to move above the 50sma after finding resistance at that level for the past week. Price risks falling back into the downtrend channel with a possible re-test of local lows near $0.00002826 which is roughly -18% from the current price of $0.00003560. Lower indicators are all showing bearish trend and momentum behind price in the short and intermediate-term. Should Bitcoin continue to show weakness, expect the rest of the altcoin market to follow suit.
SHIB/USD: 250%+ Potential Run!! SHIB is changing this trend slowly like a big ship in the ocean. Do you really have diamond hands? If the 50 and 100 day moving averages fail here, we can easily test the 200 day below at 0.000022 area! If this does happen, it should snap back very fast so do not panic. Maybe we'll see a cup and handle continuation pattern form over the next two months. I will be holding firmly SHIB, DOGE, and ELON. Watch for higher highs and higher lows, good luck and happy Spring 2022 lol.
(I still haven't caught on to the metaverse stuff yet, I'm still also watching OMG, NKN, XLM, LTC, ETH, BTC, AMP, ANKR)
Shiba Inu This setup is a test of psychology:
Instead of telling directly where the coin should move, but some traders will counter trade us,I will be updating my analysis somewhere else to be private so that they can't hunt our stoploss.
Short idea:
if you think that shiba is a shet and memecoin, you should short it here to the lower target of yellow arrow with a stop above 4000.
Long idea:
If you think that shiba is the coin that will replace dogecoin, you should buy here and put a stop below prev low, and have a target at the upper yellow arrow.
Shib is in the process of an upward breakoutYou can see the formation of a long term triangle
volume and volatility have decreased
there was a doji on the day before it then broke to the top of the triangle trend line
this is similar to other trends in the market right now
I like Shib over Doge because if the flippening does occur, Shib is seen as the ethereum Doge
SHIB/USD: Speculative Punches Capable of Violent ResultsSHIB/USD continues to deliver violent trading results for speculators who crave aggressive moves within the cryptocurrency world. Shiba Inu was trading at all-time highs in late October at nearly 0.00008800, but on the 20th of December the value of the cryptocurrency was approximately 0.00002850. This price is nearly a 68% decline in value.
The drop in value of SHIB/USD is extraordinary and for traders lucky enough to have been skeptical of the higher values of the cryptocurrency, this may have produced profitable selling positions. However, traders who were caught up in the fanfare of the positive result of October’s bullish climb, and bought in at the highs have likely suffered astonishing losses. Here’s the thing, SHIB/USD remains a pure speculative bet.
Traders who want to wager on the direction of SHIB/USD may be able to look at technical data and correlate it to broad market sentiment in the cryptocurrency world, but the results of Shiba Inu remain a sphere for speculators who understand the risks, all others should watch from afar. SHIB/USD is fractionally traded and the use of conservative leverage is appropriate because if a volatile move occurs, and it likely will, the results can be rather nervous when direction is not going in the intended manner.
Intriguingly, SHIB/USD is correlating to the major cryptocurrencies rather well. It could be said that Shiba Inu is a solid barometer of speculative sentiment within the cryptocurrencies. Having touched a low only one week ago, SHIB/USD has produced a solid gain upwards which may be making its buyers content. However, the current price value of SHIB/USD is now bouncing along important resistance levels and challenging values not seen since early December. Optimistic traders may see this as an opportunity to buy SHIB/USD and anticipate another leg up.
Speculators who are skeptical of the sudden upturn the past week and believe the results are a holiday bounce that will vanish could become sellers. Whether you are a buyer or a seller of SHIB/USD, risk management is essential, as this is a wager on broad cryptocurrency market sentiment in many regards. Choppy conditions may persist short term. If current resistance levels are broken higher, SHIB/USD could produce short term positive movement. Traders should to use entry orders to get appropriate price fills and use stop loss and take profit positions at all times if they are short term bettors.
Shiba Inu Coin Short-Term Outlook
Current Resistance: 0.00003875
Current Support: 0.00003770
High Target: 0.00003950
Low Target: 0.00003630
Shib to the moonSHIB to the moon. Jumping in early before a confirmation (not recommended) but with $BTC closing strong and should continue up, I like the R:R here. Still keeping a 5% SL but with 40% upside.
LEGO.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
Long SHIBAUSD - On the road to $0.00014We assume we got our bottom around $0.00002795 between the 0.618 and 0.786 Fibonacci on our correction wave 2.
We then enter phase 3 of the Elliott cycle with a target of 1.618 to $0.00014.
Is Shiba to the moon possible? Let's give the Shiba time to confirm our impulse.
Entry Price: 0.00003715
Target Profit: 0.00014 (+280.6%)
Stop Loss: 0.000025 (-32.8%)
Risk / Ratio: 8.5
SHIB Breakout of Falling WedgeNice breakout of the falling wedge by SHIB. If you switch to the 15m chart you'll see a clearer picture of another bull flag formation at the breakout. A lot of consolidation opportunities for people to buy. I'm liking the prospects going into the New Year. Remember, only invest what you're comfortable losing. This is a high risk, high reward trade. Stay safe and hope everyone has had a good holiday.
Textbook Cup and Handle~ Woof!The four hour candles are forming a cup and handle. This is a very bullish sign. I’ve been tracking the down trend, and Shib has found it’s bottom. December was great for Eth last year, and the cycle has repeated. I’m looking forward to February of 2022. Follow me. Prof_Void on Reddit at Shytoshi World.
SHIB/USDT - Potential 97% SetupHello Traders!
SHIB has completed its current cycle.
The price is in the accumulation range of $0.00003100 - $0.00004500.
It is possible to connect to purchases considering the local cycle of growth.
It is better to gain a position in two parts:
Near the level of $0.00003800 & $0.00003100.
Stop-loss shall be placed near the level of $0.00002600.
Fibonacci targets:
$0,0005850
$0,00006560
$0,00007580
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice